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    Pointers IBT

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    senyoritademomo
    The document discusses reasons for international trading such as reducing dependence on local markets and increasing efficiency. It also discusses the formation of NGOs to address problems that cannot be solved within a single nation. The document outlines some key aspects of international trade such as free trade policies, tariffs, importers and exporters.

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    Pointers IBT

    Uploaded by

    senyoritademomo
    11 views2 pages
    The document discusses reasons for international trading such as reducing dependence on local markets and increasing efficiency. It also discusses the formation of NGOs to address problems that cannot be solved within a single nation. The document outlines some key aspects of international trade such as free trade policies, tariffs, importers and exporters.

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    pointers-IBT

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    The document discusses reasons for international trading such as reducing dependence on local markets and increasing efficiency. It also discusses the formation of NGOs to address problems that cannot be solved within a single nation. The document outlines some key aspects of international trade such as free trade policies, tariffs, importers and exporters.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    11 views2 pages

    Pointers IBT

    Uploaded by

    senyoritademomo
    The document discusses reasons for international trading such as reducing dependence on local markets and increasing efficiency. It also discusses the formation of NGOs to address problems that cannot be solved within a single nation. The document outlines some key aspects of international trade such as free trade policies, tariffs, importers and exporters.

    Copyright:

    © All Rights Reserved
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    MIDTERM: I.B.I.

    T REASONS FOR INTERNATIONAL TRADING

    SDG (SUSTAINABLE DEVELOPMENT GOALS) • Reduce dependence on your local market


    • Increased chances of success
    • Increased efficiency
    • Increased productivity
    • Economic advantage
    • Innovation
    • Growth

    REASONS WHY NGOs WERE FORMED

    • Humanitarian reason
    • Sustainable Development
    • Developmental Aid

    DURING THE 20TH CENTURY, GLOBALIZATION ACTUALLY FOSTERED THE


    DEVELOPMENT OF NGOS BECAUSE MANY PROBLEMS COULD NOT BE
    SOLVED WITHIN A SINGLE NATION.

    GOVERNMENT AND NGOs

    • Comprise international business

    THE COUNTRIES THAT SIGNED THE NAFTA PROFIT IS MAIN AIM OF THE ORGANIZATION WHY IT ENGAGES IN
    BUSINESS.
    • USA
    • Canada PURPOSE OF GATT
    • Mexico • was a legal agreement minimizing barriers to international trade
    TRADE BLOC by eliminating or reducing quotas, tariffs, and subsidies while
    preserving significant regulations.1 The GATT was intended to
    • are usually groups of countries in specific regions that manage and boost economic recovery after World War II through
    promote trade activities. reconstructing and liberalizing global trade.
    • Trading blocs lead to trade liberalisation (the freeing of trade from
    23 COUNTRIES HAD SIGNED THE GATT
    protectionist measures) and trade creation between members,
    since they are treated favorably in comparison to non-members.
    FREE TRADE POLICY MERCANTILISM

    • goods and services can be bought and sold across international • it is based on the principle that the world's wealth was static, and
    borders with little or no government tariffs, quotas, subsidies, or consequently, many European nations attempted to accumulate
    prohibitions to inhibit their exchange. the largest possible share of that wealth by maximizing their
    exports and by limiting their imports via tariffs.
    STRENGTHENS DOMESTIC ECONOMY IS THE AIM OF FREE TRADE POLICY
    BARRIERS AND ITS EXAMPLES OR TYPES
    TARIFF AND ITS EFFECT
    • tariff
    • A tariff is a tax imposed by one country on the goods and services
    • quota
    imported from another country.
    • distance
    ✓ Governments impose tariffs to raise revenue, protect FDI
    domestic industries, or exert political leverage over
    another country. • Foreign direct investment
    • is a category of cross-border investment in which an investor
    ✓ Tariffs often result in unwanted side effects, such as resident in one economy establishes a lasting interest in and a
    higher consumer prices. significant degree of influence over an enterprise resident in
    another economy.
    ✓ Tariffs have a long and contentious history and the debate IMPORTER AND EXPORTER
    over whether they represent a good or bad policy rages on
    to this day. • forms of international business
    • Importers sell goods and services obtained from other countries
    SUPPLIES WERE HAMPERED FROM BRITAIN AND WAS TAKEN OVER BY
    • Exporters sell goods and services from their home country abroad.
    U.S
    DRIVER OF INTERNATIONAL BUSINESS
    HEGEMON
    • Innovation
    • something (such as a political state) having dominant influence or
    authority over others TRADE POLICY

    IMPERIALISM • is the set of agreements, regulations, and practices by a


    government that affect trade with foreign countries. Each nation
    • the policy or act of extending a country's power into other
    determines its own standards for trading, including its tariffs,
    territories or gaining control over another country's politics or subsidies, and regulations.
    economics
    1948 -WAS THE ESTABLISHMENT OF IMF

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